Share Price and Basic Stock Data
Last Updated: January 9, 2026, 2:35 am
| PEG Ratio | 0.63 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
CEAT Ltd, a leading player in the tyre and tube industry, reported a current market price of ₹3,782 and a market capitalization of ₹15,302 Cr. The company has shown robust revenue growth, with sales rising from ₹9,363 Cr in FY 2022 to ₹11,315 Cr in FY 2023, and further to ₹11,943 Cr in FY 2024. The trailing twelve months (TTM) sales stood at ₹14,023 Cr, reflecting a strong upward trajectory. Quarterly sales demonstrate consistent performance, with a notable increase to ₹3,053 Cr in September 2023, up from ₹2,894 Cr in September 2022. This growth trajectory indicates CEAT’s ability to capitalize on market opportunities despite competitive pressures. The reported operating profit margin (OPM) has shown variability, with a peak of 15% in September 2023, indicative of effective cost management and pricing strategies. Overall, CEAT’s revenue trends highlight a resilient business model capable of adapting to changing market dynamics.
Profitability and Efficiency Metrics
CEAT Ltd’s profitability metrics illustrate a solid operational foundation, with a return on equity (ROE) of 11.8% and a return on capital employed (ROCE) of 15.4%. The company recorded a net profit of ₹494 Cr for the most recent fiscal year, demonstrating a substantial increase from ₹182 Cr in FY 2022. The operating profit stood at ₹1,475 Cr for FY 2025, while the operating profit margin (OPM) averaged around 11% during the same period. CEAT’s interest coverage ratio (ICR) was reported at 5.37x, indicating a strong capacity to meet interest obligations. The cash conversion cycle (CCC) of -13 days further emphasizes efficient working capital management, allowing the company to optimize cash flow. However, fluctuations in net profit margins, which varied from 1.53% in FY 2023 to 3.40% in FY 2025, may indicate sensitivity to external market conditions, necessitating continuous performance monitoring.
Balance Sheet Strength and Financial Ratios
CEAT Ltd’s balance sheet reflects a prudent financial strategy, with total borrowings reported at ₹3,114 Cr against reserves of ₹4,532 Cr. The debt-to-equity ratio stands at 0.44, suggesting a manageable level of leverage relative to equity. The company’s current ratio is recorded at 0.66, indicating potential liquidity challenges, but this is offset by a strong interest coverage ratio of 5.37x. The book value per share increased to ₹1,079.98, up from ₹854.64 in FY 2023, showcasing an improvement in shareholder value. CEAT’s total assets grew to ₹13,102 Cr as of September 2025, indicating steady asset accumulation. The company has maintained a price-to-book value (P/BV) ratio of 2.67x, which is relatively high compared to industry averages, reflecting investor confidence but also suggesting potential overvaluation concerns. Overall, CEAT’s financial ratios indicate a strong balance between growth and risk management.
Shareholding Pattern and Investor Confidence
CEAT Ltd’s shareholding structure reveals a stable ownership model, with promoters holding 47.21% of the equity. Foreign institutional investors (FIIs) have reduced their stake from 24.09% in December 2022 to 16.21% in September 2025, reflecting a potential decline in foreign interest. Conversely, domestic institutional investors (DIIs) have increased their shareholding from 12.92% to 21.05% during the same period, indicating growing confidence among local investors. The total number of shareholders has also risen to 1,36,233, suggesting increased retail participation. The public holding remained relatively stable at approximately 15.38%. CEAT’s consistent dividend payout ratio, which stood at 25.67% for FY 2025, further reinforces investor confidence in the company’s ability to generate returns. However, the declining FII stake could raise questions regarding international market perceptions and necessitate a strategic focus on enhancing global investor relations.
Outlook, Risks, and Final Insight
Looking ahead, CEAT Ltd is poised for continued growth, driven by strong demand in the automotive sector and strategic market expansion. However, the company faces several risks, including fluctuations in raw material prices and potential supply chain disruptions, which could impact profitability. The increasing debt levels, coupled with a relatively low current ratio, may pose liquidity challenges if not managed effectively. Additionally, the decline in FII stake could indicate potential concerns regarding market perception. Nevertheless, CEAT’s robust operational metrics, efficient cash management, and stable dividend policy provide a solid foundation for future performance. Investors may consider focusing on CEAT’s ability to sustain its growth trajectory while addressing the highlighted risks, as the company navigates a competitive landscape. A proactive approach to stakeholder engagement, particularly with international investors, will be essential for maintaining confidence and fostering long-term value creation.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Goodyear India Ltd | 1,932 Cr. | 838 | 1,071/806 | 46.5 | 249 | 2.85 % | 13.0 % | 9.31 % | 10.0 |
| TVS Srichakra Ltd | 3,218 Cr. | 4,201 | 4,788/2,430 | 132 | 1,508 | 0.40 % | 5.36 % | 2.35 % | 10.0 |
| JK Tyre & Industries Ltd | 14,612 Cr. | 507 | 525/232 | 26.8 | 191 | 0.59 % | 12.8 % | 11.1 % | 2.00 |
| CEAT Ltd | 15,576 Cr. | 3,851 | 4,438/2,322 | 29.7 | 1,130 | 0.78 % | 15.4 % | 11.8 % | 10.0 |
| Balkrishna Industries Ltd | 45,926 Cr. | 2,376 | 2,916/2,152 | 33.3 | 540 | 0.67 % | 16.7 % | 15.8 % | 2.00 |
| Industry Average | 19,047.67 Cr | 2,048.83 | 48.90 | 643.83 | 1.04% | 12.44% | 9.83% | 5.83 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,894 | 2,727 | 2,875 | 2,935 | 3,053 | 2,963 | 2,992 | 3,193 | 3,305 | 3,300 | 3,421 | 3,529 | 3,773 |
| Expenses | 2,691 | 2,490 | 2,507 | 2,548 | 2,597 | 2,546 | 2,600 | 2,810 | 2,942 | 2,959 | 3,033 | 3,142 | 3,269 |
| Operating Profit | 203 | 238 | 368 | 387 | 456 | 418 | 392 | 383 | 362 | 341 | 388 | 388 | 503 |
| OPM % | 7% | 9% | 13% | 13% | 15% | 14% | 13% | 12% | 11% | 10% | 11% | 11% | 13% |
| Other Income | -14 | 2 | -6 | 3 | 10 | 3 | -55 | 14 | 3 | 3 | -33 | 1 | 4 |
| Interest | 58 | 66 | 67 | 70 | 72 | 66 | 62 | 62 | 66 | 75 | 74 | 82 | 87 |
| Depreciation | 115 | 117 | 125 | 121 | 124 | 127 | 136 | 132 | 137 | 141 | 152 | 151 | 174 |
| Profit before tax | 16 | 56 | 170 | 199 | 270 | 228 | 139 | 203 | 162 | 128 | 129 | 156 | 246 |
| Tax % | 65% | 27% | 27% | 27% | 25% | 24% | 33% | 27% | 29% | 28% | 28% | 27% | 28% |
| Net Profit | 6 | 35 | 132 | 144 | 208 | 181 | 102 | 154 | 121 | 97 | 99 | 112 | 186 |
| EPS in Rs | 1.94 | 8.75 | 33.05 | 35.75 | 51.42 | 44.87 | 26.84 | 38.11 | 30.13 | 24.01 | 24.60 | 27.80 | 45.97 |
Last Updated: January 2, 2026, 3:31 am
Below is a detailed analysis of the quarterly data for CEAT Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 3,773.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,529.00 Cr. (Jun 2025) to 3,773.00 Cr., marking an increase of 244.00 Cr..
- For Expenses, as of Sep 2025, the value is 3,269.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,142.00 Cr. (Jun 2025) to 3,269.00 Cr., marking an increase of 127.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 503.00 Cr.. The value appears strong and on an upward trend. It has increased from 388.00 Cr. (Jun 2025) to 503.00 Cr., marking an increase of 115.00 Cr..
- For OPM %, as of Sep 2025, the value is 13.00%. The value appears strong and on an upward trend. It has increased from 11.00% (Jun 2025) to 13.00%, marking an increase of 2.00%.
- For Other Income, as of Sep 2025, the value is 4.00 Cr.. The value appears strong and on an upward trend. It has increased from 1.00 Cr. (Jun 2025) to 4.00 Cr., marking an increase of 3.00 Cr..
- For Interest, as of Sep 2025, the value is 87.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 82.00 Cr. (Jun 2025) to 87.00 Cr., marking an increase of 5.00 Cr..
- For Depreciation, as of Sep 2025, the value is 174.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 151.00 Cr. (Jun 2025) to 174.00 Cr., marking an increase of 23.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 246.00 Cr.. The value appears strong and on an upward trend. It has increased from 156.00 Cr. (Jun 2025) to 246.00 Cr., marking an increase of 90.00 Cr..
- For Tax %, as of Sep 2025, the value is 28.00%. The value appears to be increasing, which may not be favorable. It has increased from 27.00% (Jun 2025) to 28.00%, marking an increase of 1.00%.
- For Net Profit, as of Sep 2025, the value is 186.00 Cr.. The value appears strong and on an upward trend. It has increased from 112.00 Cr. (Jun 2025) to 186.00 Cr., marking an increase of 74.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 45.97. The value appears strong and on an upward trend. It has increased from 27.80 (Jun 2025) to 45.97, marking an increase of 18.17.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:31 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,464 | 5,705 | 5,484 | 5,766 | 6,282 | 6,985 | 6,779 | 7,610 | 9,363 | 11,315 | 11,943 | 13,218 | 14,023 |
| Expenses | 4,790 | 5,013 | 4,694 | 5,096 | 5,652 | 6,332 | 6,052 | 6,617 | 8,640 | 10,341 | 10,291 | 11,742 | 12,402 |
| Operating Profit | 673 | 692 | 789 | 670 | 630 | 652 | 727 | 993 | 724 | 974 | 1,653 | 1,475 | 1,620 |
| OPM % | 12% | 12% | 14% | 12% | 10% | 9% | 11% | 13% | 8% | 9% | 14% | 11% | 12% |
| Other Income | 3 | 16 | 7 | 28 | 9 | 10 | 8 | 10 | 17 | -8 | -18 | 8 | -24 |
| Interest | 187 | 142 | 101 | 90 | 104 | 93 | 154 | 179 | 210 | 242 | 269 | 278 | 318 |
| Depreciation | 87 | 93 | 108 | 143 | 169 | 193 | 277 | 340 | 435 | 469 | 509 | 563 | 619 |
| Profit before tax | 403 | 472 | 587 | 466 | 367 | 376 | 304 | 484 | 95 | 254 | 857 | 643 | 659 |
| Tax % | 33% | 33% | 32% | 23% | 36% | 33% | 24% | 11% | 26% | 28% | 26% | 27% | |
| Net Profit | 271 | 314 | 436 | 359 | 233 | 251 | 230 | 432 | 71 | 182 | 635 | 471 | 494 |
| EPS in Rs | 75.44 | 78.41 | 108.17 | 89.28 | 58.83 | 62.35 | 57.17 | 106.81 | 17.60 | 46.02 | 158.87 | 116.85 | 122.38 |
| Dividend Payout % | 13% | 13% | 11% | 13% | 20% | 19% | 21% | 17% | 17% | 26% | 19% | 3% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 15.87% | 38.85% | -17.66% | -35.10% | 7.73% | -8.37% | 87.83% | -83.56% | 156.34% | 248.90% | -25.83% |
| Change in YoY Net Profit Growth (%) | 0.00% | 22.99% | -56.51% | -17.44% | 42.82% | -16.09% | 96.19% | -171.39% | 239.90% | 92.56% | -274.73% |
CEAT Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 14% |
| 3 Years: | 12% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 15% |
| 3 Years: | 79% |
| TTM: | -33% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 31% |
| 3 Years: | 34% |
| 1 Year: | 15% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 11% |
| 3 Years: | 12% |
| Last Year: | 12% |
Last Updated: September 5, 2025, 1:40 am
Balance Sheet
Last Updated: December 4, 2025, 1:05 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 36 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 |
| Reserves | 993 | 1,642 | 2,014 | 2,374 | 2,566 | 2,726 | 2,867 | 3,276 | 3,232 | 3,399 | 4,002 | 4,328 | 4,532 |
| Borrowings | 1,174 | 775 | 663 | 924 | 872 | 1,498 | 2,035 | 1,533 | 2,229 | 2,295 | 1,792 | 2,136 | 3,114 |
| Other Liabilities | 1,338 | 1,365 | 1,390 | 1,578 | 1,669 | 2,140 | 2,423 | 3,284 | 3,658 | 3,891 | 4,160 | 4,707 | 5,416 |
| Total Liabilities | 3,540 | 3,822 | 4,108 | 4,917 | 5,146 | 6,404 | 7,366 | 8,133 | 9,160 | 9,627 | 9,994 | 11,212 | 13,102 |
| Fixed Assets | 1,565 | 1,581 | 2,032 | 2,453 | 2,709 | 3,180 | 4,160 | 4,763 | 5,329 | 6,096 | 6,271 | 6,984 | 8,194 |
| CWIP | 82 | 229 | 299 | 326 | 310 | 833 | 1,069 | 793 | 876 | 596 | 684 | 538 | 536 |
| Investments | 0 | 312 | 195 | 232 | 214 | 181 | 184 | 210 | 179 | 170 | 182 | 190 | 176 |
| Other Assets | 1,893 | 1,700 | 1,581 | 1,907 | 1,914 | 2,210 | 1,954 | 2,367 | 2,775 | 2,765 | 2,858 | 3,501 | 4,196 |
| Total Assets | 3,540 | 3,822 | 4,108 | 4,917 | 5,146 | 6,404 | 7,366 | 8,133 | 9,160 | 9,627 | 9,994 | 11,212 | 13,102 |
Below is a detailed analysis of the balance sheet data for CEAT Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 40.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 40.00 Cr..
- For Reserves, as of Sep 2025, the value is 4,532.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,328.00 Cr. (Mar 2025) to 4,532.00 Cr., marking an increase of 204.00 Cr..
- For Borrowings, as of Sep 2025, the value is 3,114.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 2,136.00 Cr. (Mar 2025) to 3,114.00 Cr., marking an increase of 978.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 5,416.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,707.00 Cr. (Mar 2025) to 5,416.00 Cr., marking an increase of 709.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 13,102.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 11,212.00 Cr. (Mar 2025) to 13,102.00 Cr., marking an increase of 1,890.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 8,194.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,984.00 Cr. (Mar 2025) to 8,194.00 Cr., marking an increase of 1,210.00 Cr..
- For CWIP, as of Sep 2025, the value is 536.00 Cr.. The value appears to be declining and may need further review. It has decreased from 538.00 Cr. (Mar 2025) to 536.00 Cr., marking a decrease of 2.00 Cr..
- For Investments, as of Sep 2025, the value is 176.00 Cr.. The value appears to be declining and may need further review. It has decreased from 190.00 Cr. (Mar 2025) to 176.00 Cr., marking a decrease of 14.00 Cr..
- For Other Assets, as of Sep 2025, the value is 4,196.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,501.00 Cr. (Mar 2025) to 4,196.00 Cr., marking an increase of 695.00 Cr..
- For Total Assets, as of Sep 2025, the value is 13,102.00 Cr.. The value appears strong and on an upward trend. It has increased from 11,212.00 Cr. (Mar 2025) to 13,102.00 Cr., marking an increase of 1,890.00 Cr..
Notably, the Reserves (4,532.00 Cr.) exceed the Borrowings (3,114.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 672.00 | -83.00 | 126.00 | -254.00 | -242.00 | 651.00 | 725.00 | 992.00 | 722.00 | 972.00 | 0.00 | -1.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 50 | 45 | 40 | 39 | 43 | 37 | 36 | 44 | 45 | 42 | 39 | 46 |
| Inventory Days | 77 | 70 | 76 | 101 | 75 | 88 | 88 | 97 | 79 | 56 | 61 | 63 |
| Days Payable | 71 | 68 | 75 | 81 | 83 | 92 | 111 | 157 | 131 | 112 | 123 | 122 |
| Cash Conversion Cycle | 57 | 47 | 40 | 59 | 35 | 33 | 12 | -16 | -6 | -14 | -23 | -13 |
| Working Capital Days | -19 | -7 | 11 | 21 | -9 | -11 | -27 | -41 | -41 | -49 | -51 | -49 |
| ROCE % | 30% | 26% | 27% | 19% | 15% | 13% | 10% | 14% | 6% | 9% | 20% | 15% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Mirae Asset Large & Midcap Fund | 1,521,556 | 1.34 | 585.34 | 1,546,268 | 2025-12-08 05:14:22 | -1.6% |
| Mirae Asset ELSS Tax Saver Fund | 1,134,597 | 1.6 | 436.48 | 844,258 | 2025-12-08 05:06:49 | 34.39% |
| HDFC Mid Cap Fund | 912,978 | 0.38 | 351.22 | N/A | N/A | N/A |
| Mirae Asset Midcap Fund | 865,687 | 1.81 | 333.03 | 875,363 | 2025-12-07 07:53:20 | -1.11% |
| Tata Value Fund | 439,018 | 1.87 | 168.89 | N/A | N/A | N/A |
| Franklin India Small Cap Fund | 241,881 | 0.69 | 93.05 | 281,284 | 2025-12-15 00:18:48 | -14.01% |
| Edelweiss Mid Cap Fund | 218,091 | 0.64 | 83.9 | N/A | N/A | N/A |
| Mirae Asset Great Consumer Fund | 207,331 | 1.67 | 79.76 | 387,902 | 2025-12-07 09:46:39 | -46.55% |
| Aditya Birla Sun Life Midcap Fund | 207,229 | 1.27 | 79.72 | N/A | N/A | N/A |
| Aditya Birla Sun Life Small Cap Fund | 145,977 | 1.11 | 56.16 | 154,856 | 2025-12-08 06:36:54 | -5.73% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 116.85 | 158.87 | 46.03 | 17.60 | 106.81 |
| Diluted EPS (Rs.) | 116.85 | 158.87 | 46.03 | 17.60 | 106.81 |
| Cash EPS (Rs.) | 250.25 | 277.70 | 159.08 | 117.93 | 181.86 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 1079.98 | 1001.82 | 854.64 | 814.92 | 825.59 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 1079.98 | 1001.82 | 854.64 | 814.92 | 825.59 |
| Revenue From Operations / Share (Rs.) | 3267.70 | 2952.65 | 2797.25 | 2314.81 | 1881.24 |
| PBDIT / Share (Rs.) | 368.77 | 413.34 | 244.93 | 178.29 | 246.42 |
| PBIT / Share (Rs.) | 229.67 | 287.55 | 128.91 | 70.70 | 162.46 |
| PBT / Share (Rs.) | 153.67 | 206.65 | 60.80 | 16.35 | 110.65 |
| Net Profit / Share (Rs.) | 111.14 | 151.91 | 43.06 | 10.34 | 97.90 |
| NP After MI And SOA / Share (Rs.) | 116.85 | 158.88 | 46.02 | 17.60 | 106.81 |
| PBDIT Margin (%) | 11.28 | 13.99 | 8.75 | 7.70 | 13.09 |
| PBIT Margin (%) | 7.02 | 9.73 | 4.60 | 3.05 | 8.63 |
| PBT Margin (%) | 4.70 | 6.99 | 2.17 | 0.70 | 5.88 |
| Net Profit Margin (%) | 3.40 | 5.14 | 1.53 | 0.44 | 5.20 |
| NP After MI And SOA Margin (%) | 3.57 | 5.38 | 1.64 | 0.76 | 5.67 |
| Return on Networth / Equity (%) | 10.81 | 15.89 | 5.41 | 2.17 | 13.02 |
| Return on Capital Employeed (%) | 15.36 | 20.54 | 9.50 | 5.20 | 12.92 |
| Return On Assets (%) | 4.21 | 6.43 | 1.93 | 0.77 | 5.31 |
| Long Term Debt / Equity (X) | 0.21 | 0.23 | 0.41 | 0.52 | 0.40 |
| Total Debt / Equity (X) | 0.44 | 0.40 | 0.60 | 0.64 | 0.41 |
| Asset Turnover Ratio (%) | 1.25 | 1.22 | 1.21 | 0.00 | 0.99 |
| Current Ratio (X) | 0.66 | 0.63 | 0.64 | 0.72 | 0.73 |
| Quick Ratio (X) | 0.39 | 0.36 | 0.37 | 0.36 | 0.36 |
| Inventory Turnover Ratio (X) | 10.32 | 6.05 | 6.04 | 0.00 | 4.10 |
| Dividend Payout Ratio (NP) (%) | 25.67 | 7.55 | 6.52 | 102.26 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 11.72 | 4.21 | 1.85 | 14.37 | 0.00 |
| Earning Retention Ratio (%) | 74.33 | 92.45 | 93.48 | -2.26 | 0.00 |
| Cash Earning Retention Ratio (%) | 88.28 | 95.79 | 98.15 | 85.63 | 0.00 |
| Interest Coverage Ratio (X) | 5.37 | 6.21 | 4.09 | 3.48 | 5.68 |
| Interest Coverage Ratio (Post Tax) (X) | 2.72 | 3.50 | 1.86 | 1.26 | 3.45 |
| Enterprise Value (Cr.) | 13536.08 | 12411.06 | 7904.07 | 5853.14 | 7657.42 |
| EV / Net Operating Revenue (X) | 1.02 | 1.04 | 0.69 | 0.62 | 1.01 |
| EV / EBITDA (X) | 9.07 | 7.42 | 7.98 | 8.12 | 7.68 |
| MarketCap / Net Operating Revenue (X) | 0.88 | 0.90 | 0.51 | 0.40 | 0.82 |
| Retention Ratios (%) | 74.32 | 92.44 | 93.47 | -2.26 | 0.00 |
| Price / BV (X) | 2.67 | 2.68 | 1.71 | 1.15 | 1.90 |
| Price / Net Operating Revenue (X) | 0.88 | 0.90 | 0.51 | 0.40 | 0.82 |
| EarningsYield | 0.04 | 0.05 | 0.03 | 0.01 | 0.06 |
After reviewing the key financial ratios for CEAT Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 116.85. This value is within the healthy range. It has decreased from 158.87 (Mar 24) to 116.85, marking a decrease of 42.02.
- For Diluted EPS (Rs.), as of Mar 25, the value is 116.85. This value is within the healthy range. It has decreased from 158.87 (Mar 24) to 116.85, marking a decrease of 42.02.
- For Cash EPS (Rs.), as of Mar 25, the value is 250.25. This value is within the healthy range. It has decreased from 277.70 (Mar 24) to 250.25, marking a decrease of 27.45.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1,079.98. It has increased from 1,001.82 (Mar 24) to 1,079.98, marking an increase of 78.16.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1,079.98. It has increased from 1,001.82 (Mar 24) to 1,079.98, marking an increase of 78.16.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 3,267.70. It has increased from 2,952.65 (Mar 24) to 3,267.70, marking an increase of 315.05.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 368.77. This value is within the healthy range. It has decreased from 413.34 (Mar 24) to 368.77, marking a decrease of 44.57.
- For PBIT / Share (Rs.), as of Mar 25, the value is 229.67. This value is within the healthy range. It has decreased from 287.55 (Mar 24) to 229.67, marking a decrease of 57.88.
- For PBT / Share (Rs.), as of Mar 25, the value is 153.67. This value is within the healthy range. It has decreased from 206.65 (Mar 24) to 153.67, marking a decrease of 52.98.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 111.14. This value is within the healthy range. It has decreased from 151.91 (Mar 24) to 111.14, marking a decrease of 40.77.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 116.85. This value is within the healthy range. It has decreased from 158.88 (Mar 24) to 116.85, marking a decrease of 42.03.
- For PBDIT Margin (%), as of Mar 25, the value is 11.28. This value is within the healthy range. It has decreased from 13.99 (Mar 24) to 11.28, marking a decrease of 2.71.
- For PBIT Margin (%), as of Mar 25, the value is 7.02. This value is below the healthy minimum of 10. It has decreased from 9.73 (Mar 24) to 7.02, marking a decrease of 2.71.
- For PBT Margin (%), as of Mar 25, the value is 4.70. This value is below the healthy minimum of 10. It has decreased from 6.99 (Mar 24) to 4.70, marking a decrease of 2.29.
- For Net Profit Margin (%), as of Mar 25, the value is 3.40. This value is below the healthy minimum of 5. It has decreased from 5.14 (Mar 24) to 3.40, marking a decrease of 1.74.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 3.57. This value is below the healthy minimum of 8. It has decreased from 5.38 (Mar 24) to 3.57, marking a decrease of 1.81.
- For Return on Networth / Equity (%), as of Mar 25, the value is 10.81. This value is below the healthy minimum of 15. It has decreased from 15.89 (Mar 24) to 10.81, marking a decrease of 5.08.
- For Return on Capital Employeed (%), as of Mar 25, the value is 15.36. This value is within the healthy range. It has decreased from 20.54 (Mar 24) to 15.36, marking a decrease of 5.18.
- For Return On Assets (%), as of Mar 25, the value is 4.21. This value is below the healthy minimum of 5. It has decreased from 6.43 (Mar 24) to 4.21, marking a decrease of 2.22.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.21. This value is within the healthy range. It has decreased from 0.23 (Mar 24) to 0.21, marking a decrease of 0.02.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.44. This value is within the healthy range. It has increased from 0.40 (Mar 24) to 0.44, marking an increase of 0.04.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.25. It has increased from 1.22 (Mar 24) to 1.25, marking an increase of 0.03.
- For Current Ratio (X), as of Mar 25, the value is 0.66. This value is below the healthy minimum of 1.5. It has increased from 0.63 (Mar 24) to 0.66, marking an increase of 0.03.
- For Quick Ratio (X), as of Mar 25, the value is 0.39. This value is below the healthy minimum of 1. It has increased from 0.36 (Mar 24) to 0.39, marking an increase of 0.03.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 10.32. This value exceeds the healthy maximum of 8. It has increased from 6.05 (Mar 24) to 10.32, marking an increase of 4.27.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 25.67. This value is within the healthy range. It has increased from 7.55 (Mar 24) to 25.67, marking an increase of 18.12.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 11.72. This value is below the healthy minimum of 20. It has increased from 4.21 (Mar 24) to 11.72, marking an increase of 7.51.
- For Earning Retention Ratio (%), as of Mar 25, the value is 74.33. This value exceeds the healthy maximum of 70. It has decreased from 92.45 (Mar 24) to 74.33, marking a decrease of 18.12.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 88.28. This value exceeds the healthy maximum of 70. It has decreased from 95.79 (Mar 24) to 88.28, marking a decrease of 7.51.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 5.37. This value is within the healthy range. It has decreased from 6.21 (Mar 24) to 5.37, marking a decrease of 0.84.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.72. This value is below the healthy minimum of 3. It has decreased from 3.50 (Mar 24) to 2.72, marking a decrease of 0.78.
- For Enterprise Value (Cr.), as of Mar 25, the value is 13,536.08. It has increased from 12,411.06 (Mar 24) to 13,536.08, marking an increase of 1,125.02.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.02. This value is within the healthy range. It has decreased from 1.04 (Mar 24) to 1.02, marking a decrease of 0.02.
- For EV / EBITDA (X), as of Mar 25, the value is 9.07. This value is within the healthy range. It has increased from 7.42 (Mar 24) to 9.07, marking an increase of 1.65.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.88. This value is below the healthy minimum of 1. It has decreased from 0.90 (Mar 24) to 0.88, marking a decrease of 0.02.
- For Retention Ratios (%), as of Mar 25, the value is 74.32. This value exceeds the healthy maximum of 70. It has decreased from 92.44 (Mar 24) to 74.32, marking a decrease of 18.12.
- For Price / BV (X), as of Mar 25, the value is 2.67. This value is within the healthy range. It has decreased from 2.68 (Mar 24) to 2.67, marking a decrease of 0.01.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.88. This value is below the healthy minimum of 1. It has decreased from 0.90 (Mar 24) to 0.88, marking a decrease of 0.02.
- For EarningsYield, as of Mar 25, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.05 (Mar 24) to 0.04, marking a decrease of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in CEAT Ltd:
- Net Profit Margin: 3.4%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 15.36% (Industry Average ROCE: 12.44%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 10.81% (Industry Average ROE: 9.83%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.72
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.39
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 29.7 (Industry average Stock P/E: 48.9)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.44
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 3.4%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Tyres & Tubes | 463, Dr. Annie Besant Road, Worli, Mumbai Maharashtra 400030 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. H V Goenka | Chairman |
| Mr. Anant Vardhan Goenka | Vice Chairman |
| Mr. Arnab Banerjee | Managing Director & CEO |
| Mr. Paras K Chowdhary | Non Independent Director |
| Mr. Pierre E Cohade | Non Independent Director |
| Ms. Daisy Chittilapilly | Independent Director |
| Mr. Milind Sarwate | Independent Director |
| Ms. Sukanya Kripalu | Independent Director |
| Dr. Santrupt Misra | Independent Director |
FAQ
What is the intrinsic value of CEAT Ltd?
CEAT Ltd's intrinsic value (as of 08 January 2026) is ₹3192.87 which is 17.09% lower the current market price of ₹3,851.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹15,576 Cr. market cap, FY2025-2026 high/low of ₹4,438/2,322, reserves of ₹4,532 Cr, and liabilities of ₹13,102 Cr.
What is the Market Cap of CEAT Ltd?
The Market Cap of CEAT Ltd is 15,576 Cr..
What is the current Stock Price of CEAT Ltd as on 08 January 2026?
The current stock price of CEAT Ltd as on 08 January 2026 is ₹3,851.
What is the High / Low of CEAT Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of CEAT Ltd stocks is ₹4,438/2,322.
What is the Stock P/E of CEAT Ltd?
The Stock P/E of CEAT Ltd is 29.7.
What is the Book Value of CEAT Ltd?
The Book Value of CEAT Ltd is 1,130.
What is the Dividend Yield of CEAT Ltd?
The Dividend Yield of CEAT Ltd is 0.78 %.
What is the ROCE of CEAT Ltd?
The ROCE of CEAT Ltd is 15.4 %.
What is the ROE of CEAT Ltd?
The ROE of CEAT Ltd is 11.8 %.
What is the Face Value of CEAT Ltd?
The Face Value of CEAT Ltd is 10.0.